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-- hold a special report the business of travel we begin with high speed rail Texas chopping its own course.
Using privately invest the dollars to fund the project and set a taxpayer money like California.
Another State's -- -- -- live from Dallas with more rich.
Well actually the federal government has spent more than ten billion dollars over the last three or four years much of -- stimulus money.
To try to get high speed rail going in this country were spotted the point of any time soon.
Being able to get on a high speed -- -- train somewhere in one city.
And ending up -- another a couple of hours later so in Texas you've got only private investors some ten billion dollars worth.
Trying to build a high speed train between here in Dallas and Houston get there anywhere between seventy and ninety minutes and the investors say they are better off.
Without government money.
For the community and we believe we are bringing -- -- service.
But the market discipline will force us into.
Probably more rational decisions ultimately -- cost less to build and can come in more quickly -- -- construction schedule.
I think you get a faster probably cheaper I think out you don't have.
That she would another person other states and I think that's why you see it really.
Come to the forefront everybody's attention so quickly.
Tens of thousands of folks travel between here in Dallas and Houston every day and these folks think they found a niche in the market here where they can.
Actually operate a private venture that makes money off of passenger rail between two cities a bullet train goes between.
Miles an hour.
The government right now is it a bit of an argument as to how many stations are going to allow here you know -- -- the different locales wanna station involved in all of this.
Japanese central railway would build -- that's a private company to and its operating a private rail system.
For profit for profit in Japan right now so they think they can use that example there and bring it here -- the United States still don't know how much of that ten billion they've raised.
They're expecting to give the government an update and the next couple of weeks and possibly have this thing built by 20/20.
-- -- thank you yet the Japanese way ahead of us on this but.
Bus train and stability train in Texas makes sense of such a huge -- rich thank you so much and -- so cool.
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